This client was the beneficiary of a variable universal life insurance policy. After seven years in good standing the policy lapsed just months before the insured died. The insurer contended that because the policy surrender charge was more than the surrender value, they were correct to have lapsed the policy. Like many people, the beneficiary […]
Life Insurance Claim Pays Out $800,000 Despite Suicide
Life Insurance Claim Pays Out $800,000 Despite Suicide We recently represented a client whose spouse was covered under an employer life insurance plan. Employer life insurance is any life insurance plan that’s offered through an employer. It can be a plan that the employer pays for or the employee pays for. Suicide and Life Insurance […]